Organisation: Royal Bank of Canada

Canadian enforcer greenlights RBC/HSBC merger

Canada’s largest bank has cleared the first of three regulatory hurdles to acquire the domestic subsidiary of HSBC after receiving merger control approval despite warnings about market concentration.

04 September 2023

UK issues chargesheet in government bond cartel probe

The UK’s Competition and Markets Authority has accused HSBC, Morgan Stanley, Citi, Deutsche Bank and Royal Bank of Canada of unlawfully exchanging commercially sensitive information about government bonds in the aftermath of the global financial crash.

24 May 2023

Unlock unlimited access to all Global Competition Review content